Octant AI

A Product that Spots Problem Projects Sooner

General Information
Company Name
Octant AI
Founded Year
2017
Location (Offices)
Brisbane, Australia +3
Founders / Decision Makers
Number of Employees
12
Industries
AI, Analytics, Finance +4
Funding Stage
Seed
Social Media

Octant AI - Company Profile

Octant AI is an Artificial Intelligence platform with a mission to drive better project outcome performance. Developed through a collaboration at University of Oxford, the technology provides more accurate and early insights into project performance across key result areas such as time, cost, and revenue. Calibrated on thousands of projects, it tailors to user organizations' unique circumstances and continuously improves with use. The platform aims to provide insights earlier, faster, and more accurately than traditional project analytics tools, allowing stakeholders to make informed decisions with less uncertainty. The customer base of Octant AI spans across both private sector firms and public sector organizations. The platform is designed to leverage the existing data asset of organizations and the growing amount of data generated with each project. It draws on various project reporting systems, publicly available big data, and other sources, making it a cost-effective solution for managing project complexity. Recently, Octant AI secured an $800.00K Seed Round investment on 01 November 2021. This investment points to growing confidence in the potential of the platform. With its applications in Finance, Information Technology, SaaS, and Construction, Octant AI presents an innovative solution to mitigate the high risks associated with project management.

Taxonomy: Project Management, Predictive Analytics, Technology, Performance Optimization, Financial Performance, Data Integration, University Collaboration, Public Sector, Private Sector, Consultancy

Funding Rounds & Investors of Octant AI (3)

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Funding Stage Amount No. Investors Investors Date
Seed Round $800.00K - 01 Nov 2021
Pre Seed Round $200.00K - 01 Jul 2021
Pre Seed Round $1.00M - 06 Nov 2018

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